The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 7.6 points to negative 9.1 in October, the regional Fed Read more
Tag: Industrial Production Figures
German industry contracted in August, energy intensive branches particularly hurt
Germany’s industrial production fell in August as demand for goods moderated and factories grappled with high energy prices and supply bottlenecks. Total industrial output–comprising production in manufacturing, energy and construction–decreased Read more
French industrial production rebounded in August
French industrial production rose in August, showing resilience in most sectors despite slowing demand and high price pressures. Total industrial output–comprising output in manufacturing, energy and construction–rose 2.4% on month, Read more
‘We don’t need as many employees’: Factories slow as rising interest rates rattle the economy
The numbers: A key barometer of American factories fell to a 28-month low of 50.9% in September as high inflation and rapidly rising U.S. interest rates rattled the economy. The Institute Read more
U.S. industrial output up sharply in July
The numbers: U.S. industrial production rose 0.6% in July, the Federal Reserve reported Tuesday. The gain was above Wall Street expectations of a 0.3% increase, according to a survey by Read more
What the plunging ISM index really tells us about what’s next for the stock market
I’m not saying the bear market is over. But if U.S. stocks continue to slide, don’t blame the ISM’s recent decline. The Institute for Supply Management’s manufacturing index — the Read more
U.S. factories grow at slowest pace in two years, ISM finds. New orders fall again in bad omen
The numbers: A key barometer of American factories fell to a 25-month low of 52.8% in July in a sign of creeping weakness in the U.S. economy. The good news? Inflation Read more
Eurozone manufacturing downturn worsens in July, PMI falls below 50
The eurozone manufacturing sector fell deeper into contraction in July, with manufacturing purchasing managers index data signaling the sharpest decline in production since the pandemic lockdowns of May 2020. The Read more
China manufacturing sector contracts in July, home sales fall sharply
China’s major economic pillars wobbled in July with weakness in manufacturing and the all-important property sector, showing the pressure on a country that remains a drag on the struggling global Read more
Chicago PMI continues to soften in July, falls to lowest level in almost two years
The Chicago Business Barometer, also known as the Chicago PMI, fell to 52.1in July from 56 in the prior month. It is the lowest reading since August 2020. Economists polled Read more